The video clearly points out that energy production in America is directly related to the American economy… and in turn energy independence is directly related to American economic recovery. This special touches on several common sense solutions.

And for the environmentalists out there, there are green solutions for clean-up. Check-out these products: DualZorb®, PondZorb® and AcidZorb® distributed domestically and globally by a growing company MC Endeavors, Inc. who just launched an Online Store.

Updated: 4.17.12 at 12:05 ET – National Review Online

(Curiously just on the heals of, but not a word for credit or even a mention of the Bolling- Palin special… so as stated below this seems to be the big ‘campaign’ initiative of the day, but nothing will come of it… and certainly no shared credit if something should!)

President Obama’s big initiative for the day is yet another pledge to crack down on nefarious energy traders who are driving up prices of oil and gasoline.

Today: “Under pressure to take action on rising gasoline prices, President Barack Obama wants Congress to strengthen federal supervision of oil markets, increase penalties for market manipulation and empower regulators to increase the amount of money energy traders are required to put behind their transactions. The White House plan, which Obama was to unveil Tuesday, is more likely to draw sharp election-year distinctions with Republicans than have an immediate effect on prices at the pump. The measures seek to boost spending for Wall Street enforcement at a time when congressional Republicans are seeking to limit the reach of federal financial regulations.”

If this pledge sounds familiar… it’s because Obama and his administration announce some new initiative to do this every year, usually as spring turns to summer and the price of gas increases as Americans drive more. It’s almost like the Cherry Blossom Festival.

Last June: “The Federal Trade Commission is investigating whether oil companies have engaged in anticompetitive practices or manipulated crude oil prices, the government’s latest salvo to rein in high energy prices. The commission said on Monday it was also looking into whether oil companies had provided false or misleading information to a federal agency related to the wholesale price of oil or petroleum products. “We remain committed to preventing and prosecuting any anticompetitive, fraudulent, or otherwise illegal activity which we identify through the foregoing investigation,” commission Chairman Jon Leibowitz said in a letter to Senator John Rockefeller, who called on the FTC in March to launch an investigation.”

Just about one year ago today, April, 2011: “With U.S. gasoline pump prices soaring, the Obama administration on Thursday unveiled a working group of federal agencies to probe potential fraud in the energy markets. The White House is worried that if average gas prices rise above $4 a gallon, the economic and political fallout could dominate next year’s presidential campaign and drown out President Barack Obama’s message of economic recovery. Obama asked U.S. Attorney General Eric Holder to assemble a team of agency officials to “root out” cases of oil market fraud that affect pump prices, including actions by speculators.”

March 2011: “Obama said he had ordered a review of why oil companies aren’t producing more petroleum on federal land, and said his administration would monitor “any possible manipulation in the oil markets” and work with state governments to monitor for potential price gouging at the gas pump.”

July 2010: “Traders will face new rules aimed at making it easier for regulators to prove manipulation in markets for commodities such as oil, wheat and natural gas under the financial overhaul awaiting President Barack Obama’s signature.”

And then in August 2009: “Energy traders and companies will face fines of up to $1 million a day if they manipulate oil markets, the Federal Trade Commission ruled on Thursday in a crackdown on fraud that they said causes widespread damage to the U.S. economy. The agency issued a rule, which takes effect November 4, to prohibit fraud or deceit both in the cash, or physical, energy markets and on the regulated futures exchanges.”

Now… with gas averaging $3.89 per gallon nationally and much higher in many parts of the country, we can conclude that either every previous initiative announced by the administration was spectacularly ineffective at containing the nefarious menace of oil price speculators… or that oil price speculators are not really the reason gas prices increase.

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About Ask Marion

I am a babyboomer and empty nester who savors every moment of my past and believes that it is the responsibility of each of us in my generation and Americans in general to make sure that America is as good or even a better place for future generations as it was for us. So far... we haven't done very well!!
Favorite Quotes:
"The first 50 years are to build and acquire; the second 50 are to leave your legacy";
"Do something that scares you every day!";
"The journey in between what you once were and who you are becoming is where the dance of life really takes place".
At age 62 I find myself fighting inoperable uterine Cancer and thanks to the man upstairs and the prayers from so many people including many of my readers from AskMarion and JustOneMorePet... I'm beating it.
After losing our business because of the economy and factors related to the re-election of President Obama in 2012 followed by 16-mos of job hunting, my architect-trained husband is working as a trucker and has only been home approximately 5-days a month since I was diagnosed, which has made everything more difficult and often lonely... plus funds are tight. Our family medical deductible is 12K per year for two of us; thank you ObamaCare.
But thanks to donations from so many of you, we are making ends meet as I go through treatment while taking care of my father-in-law who is suffering from late stage Alzheimer's and my mother-in-law who suffers from RA and onset dementia as well as hearing loss, for which there are no caretaker funds,
as I continue the fight here online to inform and help restore our amazing country.
And finally I need to thank a core group of family, friends, and readers... all at a distance, who check in with me regularly. Plus, I must thank my furkids who have not left my side through this fight. You can see them at JustOneMorePet.

5 Responses to Paying at the Pump With Eric Bolling and Gov. Sarah Palin

Shame on you. If you looked at Palins experience and accomplishments in this arena while in Office in Alaska, you would realize that you owe Palin an apology!! And if you watched the video you’d know that the experts I referred to and they had on as a panel, were not Sarah Palin or Eric Bolling although they both have experience and some expertise in specific areas of the energy arena.

Mocking Sarah Palin is very 2008, but the fact remains that not being able to name newspapers, Supreme Court cases, or African countries cancels out any so-called expertise she has when it comes to energy independence.

I have had the blessing of meeting Sarah in person and hearing her speak to a large crowd twice. She was amazing and the crowd was awe-struck. We have all had our off days and moments and editing can help make someone look worse at their worst moments. I’ve seen her at some of her best!

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